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OMV AG M&A Activity 2020
751_iss_2020-03-06_d85c5a33-9eea-4c14-a04c-765ee80cf839.pdf
M&A Activity
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Publication Date: 06.03.2020 12:32
EANS-Adhoc: OMV and Gazprom sign an "Amendment Agreement" to the "Basic Sale Agreement" in relation to the potential acquisition of a 24.98% interest in Achimov 4A/5A phase development by OMV
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
No Keyword 06.03.2020
Vienna - Today, OMV and Gazprom have signed an "Amendment Agreement" to the "Basic Sale Agreement" dated October 3, 2018. The "Amendment Agreement" foresees, in particular, an extension of the negotiation phase for the final transaction documents on a non-exclusive basis until June 2022. In these negotiations, material developments and changed circumstances until signing thereof (including the planned start of production of Achimov 4A/5A) are to be taken into account by the parties in good faith, in particular in relation to the economic effective date and the purchase price.
Further inquiry note: OMV Aktiengesellschaft
Andreas Rinofner, Public Relations Tel.: +43 (1) 40 440-21427; e-mail: [email protected]
Florian Greger, Investor Relations Tel.: +43 (1) 40 440-21600; e-mail: [email protected]
end of announcement euro adhoc
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| issuer: | OMV Aktiengesellschaft |
|---|---|
| Trabrennstraße 6-8 |
|
| A-1020 Wien | |
| phone: | +43 1 40440/21600 |
| FAX: | +43 1 40440/621600 |
| mail: | [email protected] |
| WWW: | http://www.omv.com |
| ISIN: | AT0000743059 |
| indexes: | ATX |
| stockmarkets: Wien | |
| language: | English |
